Merus Capital secures EUR 153.75 million financing for 162 MW Spanish solar portfolio

The facility, worth about USD 176.9 million, will support construction and development of solar assets in one of Europe’s most active PV markets. Spain continues to attract capital for merchant and contracted solar projects, but financing discipline is increasingly important as grid capacity and power-price exposure shape returns. The Merus facility shows that lenders are still backing sizeable Spanish PV portfolios with clear project pipelines.